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ST (MMCP-Storage) - 2024-05-22T16:06:23.655Z)

Assignment Week 1

What Can Blockchain Do for You

Once it is there, it can never be deleted.

It can be used as a source of absolute trust since it is impossible to modify.

There is extremely secure access control around the data.

Viruses are incapable of creating mutations of the program.

What is the act of borrowing cryptocurrency on a blockchain called?

It ensures that the history of the blockchain cannot be modified, because each block is linked to its predecessor.

It offers a degree of encryption that cannot be cracked.

It establishes a gate to the data that can only be opened with the correct password.

It enables you to identify the sequence of the blocks thanks to its encryption.

What role does the chain itself fulfill in a blockchain?

The signing book for guests visiting a building

A company's annual report (financial report)

The search results when searching on Wikipedia

Which of the following is an example of a ledger?

Which of the following are advantages of blockchain in humanitarian aid?

It cannot provide any absolute guarantees.

It guarantees unrestricted access for everybody.

It guarantees the new "source of trust alternative".

What does a private blockchain guarantee?

No, it is not possible because the calculation includes a random number.

No, it is not possible, it is a one way encryption only.

Yes, it is possible if you use a quantum computer.

Yes, you can do it if you know at least half of the hash.

Is it possible to convert a fingerprint( hash) back to the original data ?

Instead of the data itself, a hash is used as a "fingerprint" of the data.

The blockchain is updated with the original data and a reference to the owner.

The trace is made up of the blocks. To safeguard the data, they are encrypted.

A secure chain that is impenetrable serves as a representation of the data.

Blockchain works by collecting data and offering an everlasting trace. What kind of a trace is this?

Knowledge quiz

What does the word immutable mean?